SBM 1.49% 34.0¢ st barbara limited

Hamstrung by debt, page-17

  1. 8,034 Posts.
    lightbulb Created with Sketch. 566
    Phnewby
    Yes I was tempted and bought BDR at 40 cents
    EVR got below my buy price
    but I didnt buy

    To me EVR at 70 cents is the best gold stock on the ASX
    but I still didnt buy

    I dont know why but I do sense things

    maybe through research and a lot of reading
    maybe just dumb luck

    Everything is telling me to look out
    things are going to turn nasty

    I hope I am wrong but I dont see a safty net for the POG

    The other thing to remember is
    When the POG goes down it usually goes way too far

    If gold bottomed at $1200
    I would take that as reasonable
    If it bottomed at $1050
    Then I would say that is way overshot
    the mark


    Not trying to sould like the grim reaper

    just how I feel



    [COLOR=#000000][SIZE=4][FONT=sans-serif][COLOR=#000000]imoo[/COLOR][/FONT][/SIZE][/COLOR]
 
watchlist Created with Sketch. Add SBM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.